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6751 Old Monroe Rd Indian Trail, NC 28079-5403

OFF-MARKET Community centers Google Maps
20,500 SF 2.27 ac lot Built 2008
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$4.87M
Range $4.38M – $5.36M (±10%)
Property ID US53-0837027

Property summary

AI-generated overview

This exceptional 1,800 square foot retail space, located within the highly desirable Sun Valley Commons in Indian Trail, presents a unique investment opportunity. The property is zoned for Neighborhood Business use and features a single-tenant occupancy. Its prime location at the intersection of Wesley Chapel Stout Road ensures excellent visibility and accessibility, making it an ideal space for a medical practice or other retail business. The L-shaped lot maximizes visibility and provides ample space for signage and potential future expansion. The area surrounding Sun Valley Commons is characterized by a thriving community with a diverse demographic, guaranteeing a robust customer base. High traffic counts and a well-developed infrastructure further enhance the property's appeal. This location is considered the most desirable shopping site in Indian Trail, offering unparalleled access to a large and growing population. The property's single-tenant configuration provides simplicity and ease of management, making it an attractive option for both owner-occupiers and investors seeking a stable, high-traffic retail location. This is a rare opportunity to secure a prominent retail space in a rapidly expanding area. The property's strategic location and desirable characteristics make it an exceptional investment prospect. The building is ready for immediate occupancy, offering a turnkey solution for businesses seeking a high-profile location in Indian Trail.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2008
Total area 20,500 SF
Lot 2.27 ac (98,881 SF)
Zoning code GBD INDIAN TRAIL
APN 07-090-006S
UPID US53-0837027

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.75M
CAP Approach CAP
$4.65M
Comparable Approach Comparable
$3.82M
Blend (final) Blend
$4.87M

Owner & transaction history

since 2021
Last sale
$5.2M
5 recorded transactions
2021
$5.2M
2017
$4.0M
2009
Price N/A
2007
$950,000
1969
Price N/A

Zoning & alternative use

GBD INDIAN TRAIL · Indian Trail, NC
Top alternative use upside
Restaurant $7.5M +140.9%
Retail stores $5.7M +82.6%
Office building $3.4M +7.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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